XRP Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
XRP's price has increased by 3.86% over the past 24 hours to $0.64, despite a 9.0% loss over the past week. The trading volume for the coin has decreased by 21.0% over the past week, while the circulating supply has risen by 0.06%. The current market cap ranking for XRP is #5 at $33.58 billion.
August 08, 2023 | 7:00 pm
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POSITIVE IMPACT
XRP's price has increased by 3.86% over the past 24 hours, despite a 9.0% loss over the past week. The trading volume has decreased by 21.0%, while the circulating supply has risen by 0.06%.
The increase in XRP's price over the past 24 hours, despite a decrease in trading volume, suggests a positive short-term outlook. However, the overall decrease in price over the past week indicates a negative trend. The increase in circulating supply could put downward pressure on the price, but the current market cap ranking suggests strong market sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100